The Treasury Department has pledged to stop producing the penny by early next year. Here's why — and what becomes of your one ...

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President Donald Trump has ordered the Treasury to stop minting pennies because their production cost exceeds their value.

Coin production costs vary thanks to different raw metals used, complexity of their designs, labor needed and more.

As a way of honoring more presidents, the U.S. Mint began issuing Presidential Dollar coins in the 2000s. Most are worth about face value, but a couple are valued in six figures due to errors.

The government loses nearly three cents on every penny it mints. On a nickel, it loses nearly nine cents. More nickels would ...

Pennies will still be legal tender, but cash prices will soon be rounded up or down to the nearest nickel (which cost even ...